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WM appoints new independent director to its board

EditorLina Guerrero
Published 01/03/2024, 22:26
© Reuters.
WM
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HOUSTON - WM (NYSE: WM), North America's leading provider of environmental solutions, announced the appointment of Tom Bené as an independent member of its board of directors, effective today. Bené, the current president and CEO of Breakthru Beverage Group, brings a wealth of experience in strategic business growth and leadership to the WM board.

Bené, 61, has a distinguished career spanning four decades, with a focus on executing strategic priorities and driving financial growth in public companies. He has been at the helm of Breakthru Beverage Group since 2021, emphasizing growth, new capabilities, and innovation.

His previous roles include various leadership positions at Sysco Corporation (NYSE:SYY), where he served as president, CEO, and chairman, and a 23-year tenure at PepsiCo (NASDAQ:PEP) in various capacities. Bené is a University of Kansas alumnus, holding a Bachelor of Science in Business Administration.

Kathy Mazzarella, chairman of WM, commented on the appointment, stating that Bené's extensive business leadership experience and his background in developing strong corporate cultures will be an asset to the company.

Jim Fish, president and CEO of WM, also welcomed Bené, noting his deep logistics experience, growth fostering track record, and commitment to employee development and customer service. Fish highlighted that Bené's focus on leveraging technology for competitive differentiation aligns with WM's growth and optimization strategy.

As part of his duties, Bené will join the Management Development and Compensation Committee. His election brings the total number of WM board members to 10, with nine serving as independent directors.

WM, formerly known as Waste Management (NYSE:WM), is headquartered in Houston, Texas, and is committed to putting people first and achieving success with integrity. The company offers a range of environmental solutions, including collection, recycling, and disposal services across the United States and Canada.

It boasts the largest disposal network and collection fleet in North America, leading in recycling post-consumer materials, landfill gas beneficial use, and renewable natural gas plant operations. WM is also known for operating the largest heavy-duty natural gas truck fleet in North America.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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